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December 13, 2004 | Law.com

New York Bonuses Causing a Stir

New York-based firms have gotten into the holiday spirit, rushing to hand associates fat across-the-board bonuses. But Bay Area-based firms don't seem to be in any rush to match them -- at least, not yet. The bonus boom started in October and is ranging from $20,000 up to $60,000. Consultants say big bonuses reflect rising revenues as well as renewed worries about hanging on to talent.
3 minute read
May 20, 2003 | Law.com

Judge Delays OK of WorldCom-SEC Deal

A federal judge in New York said he needs more information before deciding whether to approve a record $500 million settlement of the SEC's fraud case against WorldCom. U.S. District Judge Jed Rakoff set a hearing for June 11, to give the court time to review investigative reports following last year's revelations of a massive accounting fraud at the long-distance service provider.
5 minute read
October 29, 2001 | Law.com

The Joys of E-Dealing

Albert Sokol still remembers the frustration he felt one night back in 1984 when he had written some documents in longhand for support staff to type up. Not knowing how to use a PC, he couldn't retrieve the typed documents, which a client needed right away. These days, a tech-savvy Sokol is leading his firm and its clients toward new heights of electronic lawyering, putting together several acquisition deals using mostly digital means.
3 minute read
August 07, 2007 | The Legal Intelligencer

SLUSA Exception Applied, Keeps Securities Class in N.Y. State Court

A federal judge in New York has permitted a securities class action lawsuit filed against defense contractor L-3 Communications Holdings to proceed in New York's state court.
5 minute read
July 06, 2007 | Law.com

ALM Sold to Incisive Media

ALM, the parent company of Law.com and publisher of The American Lawyer, Corporate Counsel, The National Law Journal and 30 other national and regional publications, will be sold to London-based Incisive Media for $630 million, according to an announcement Thursday by the two companies. Incisive CEO Tim Weller and ALM CEO William Pollak called the sale an opportunity to expand ALM's business internationally and on the Internet.
3 minute read
November 20, 2007 | Law.com

Airlines Hit by Antitrust Actions Over Fuel Surcharges

Over 70 antitrust class actions have been filed against Korean Air Lines since its agreement in August to pay a $300 million fine to the U.S. Justice Department and plead guilty to fixing prices on international passenger and cargo air fares. British Airways entered a similar deal. More than 30 carriers, including Korean Air and British Airways, face class actions alleging price-fixing on air freight shipping. The U.S. government's two-year probe is believed to involve over a dozen airlines.
4 minute read
December 11, 2009 | Law.com

Antitrust Matters Loomed Large in Panasonic-Sanyo Tie-Up

A year after it first expressed interest in acquiring its ailing electronics-making rival, Panasonic Corp. announced Thursday that it has successfully secured a majority stake in Sanyo Electric Co. The deal creates one of the world's largest electronics makers and also positions Panasonic as the dominant player in fuel-efficient car batteries, where sales are expected to boom. Sanyo's three largest shareholders ultimately sold Panasonic more than 3 billion Sanyo shares valued at $4.6 billion.
2 minute read
December 17, 2004 | Law.com

Symantec to Acquire Veritas in $13.5 Billion Deal

Underscoring the convergence of security and storage software technology, Symantec Corp. and Veritas Software Corp. confirmed rumors when they announced Thursday that Symantec -- best known for its Norton antivirus software -- had agreed to acquire Veritas in a stock transaction worth about $13.5 billion. The transaction is subject to customary closing conditions, including approval by the shareholders of both companies and regulatory approvals.
3 minute read
October 31, 2007 | Law.com

Is Fighting Your Patent Case in Public Really a Good Idea?

The existence of millions of blogs proves that everyone has an opinion. But you won't often find the general counsel of a major tech company shooting his mouth off about ongoing patent litigation. Yet, Sun Microsystems' GC and CEO have been blogging about their company's IP battle with Network Appliances, trading barbs with a NetApp co-founder, who has been commenting on the case on his own blog. Some of the comments have turned personal.
5 minute read
August 19, 2002 | Law.com

The SEC Takes Its Star Turn

Sitting in an SEC conference room in the Financial District, Helane Morrison, the head of the San Francisco district office of the Securities and Exchange Commission, seems reserved but intently serious about her work as the Bay Area's -- indeed, most of the northwest United States' -- top financial cops. Especially as the markets seem to collapse around her. "We have an important area of the country that we cover here," said Morrison. "We want to make sure we stay on top of what's going on."
8 minute read

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